by Malik Runswick | Aug 2, 2020 | Business Ownership
Strong commercial dynamic Order entry up +9.4% year-on-year, Book to bill ratio at 112% (Q2 at 121%) Revenue at € 5,627 million, -2.8% organically (Q2 at -4.8%) Cost actions leading to an Operating margin at € 450 million, 8.0% of revenue Working capital timing effects leading to a Free cash flow at € -172 million […]
by Malik Runswick | Aug 2, 2020 | Business Education
The U.S. economy contracted at a record rate in the second quarter, underscoring the drastic impact of the coronavirus pandemic and suggesting a long road to recovery. The Commerce Department reported Thursday that gross domestic product from April to June plunged...
by Malik Runswick | Aug 2, 2020 | Business Ideas
Apple reported sales growth across all its products, with iPads and Mac computers in particular benefiting from the shift to working and learning from home. Apple’s overall sales rose 11% in the third quarter to $59.7 billion and profits increased 12% to $11.25...
by Malik Runswick | Aug 2, 2020 | Business Law
Debi Chirichella Hearst named Debi Chirichella as interim president of its magazine group. Chirichella has been the magazine group’s finance chief since 2011. She takes over for Troy Young, who resigned after allegations of workplace misconduct. Young became president...
by Malik Runswick | Aug 2, 2020 | Business News
Twitter has disclosed more details about the July 15 incident in which hackers were able to access the accounts of a number of high-profile users to solicit bitcoin payments. In a blog post, the company said hackers targeted a small number of employees through a phone...
